The Las Vegas Review-Journal has announced that it has a brand new owner, although not perhaps the staff knows who it is.
Did Sheldon Adelson, whose vegas casino the Venetian is readying for today’s final GOP debate, purchase the Las Vegas Review-Journal? Many are saying ‘yes,’ but no one however the buyer him or herself knows without a doubt at this juncture.
The $140 million price tag for Nevada’s main newspaper would be change that is chump the billionaire, of course. But as city news sources go, it’s considered lot at any given time if the printing publishing industry is in decline.
Nevertheless the mystery surrounding the purchase is what really has folks talking, as nobody, not evidently the newspaper’s staff, knows the identification of the owner that is new.
What we do know for sure is this: final Thursday, a company called News + Media Capital Group paid way over market value to take control of the newspaper from the previous owner, New Media Investment Group, which had bought it previously in the 12 months just for $102 million.
Who owns the very recently incorporated News + Media Capital Group have not even been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at addressing the base of a whole story, scraping their minds.
‘Do Not Stress About Who We Are’
Michael Schroeder, a News + Media Capital Group manager, told staff in a meeting on final week not to bother about the identity of their new owner.
‘you are wanted by them to focus on your jobs … do not worry about who they really are,’ Schroeder reportedly said.
He also assured them that the brand new owners would not interfere with the paper’s editorial control, although an article posted on the RJ website that evening was reedited to eliminate references towards the reality that the new owners were unknown, at the demand of Schroeder.
The timing associated with the purchase of this most dominant news socket in Nevada, an early-voting swing state, combined with the high price paid, is fueling conjecture that the mystery buyer could be a conservative that is wealthy.
On a visit to the Review Journal‘s head workplace this week, GOP not-so-frontrunner Jeb Bush mused that maybe it was Donald Trump, he was joking although we think. Ultimately, though, the candidate that is presidential since baffled as the rest of us.
‘Just finished hour+ @reviewjournal ed board. Just q left unanswered who owns the newspaper?’ tweeted Bush.
A name that has cropped up in lots of media that are speculative is, inevitably, Sheldon Adelson, and certainly the Republican mega-donor appears to be to match the profile. He owns magazines in Israel, where his daily free paper, Israel Hayom (Israel Today), is really pro-Netanhayu so it has been accused of compromising the foundations of Israeli democracy.
Also, Adelson has a huge stake in the affairs of vegas and Nevada (the first US state to legalize and regulate online video gaming), and it has vowed he will spend ‘whatever is necessary’ in his crusade to banish regulated on the web gambling from America.
And meanwhile, Adelson’s people are refusing to answer requests for comments through the various media sources that have contacted them on the matter this week.
But perhaps not everyone else is convinced that Adelson is behind all this. University of Nevada, Las vegas, nevada connect history professor Michael Green told the Los Angeles Times that while Adelson had been initial name that came to mind, something does not quite ring true.
‘My immediate idea was, if [Adelson] bought it, he would have told us already, by simply dint of the fact that he is been mostly a book that is open’ Green said.
GOP Debate at Sheldon Adelson’s Venetian in Las Vegas Tough on National Security as Candidates Flaunt Defense qualifications
The 5th and final GOP debate of 2015 honed in on problems of nationwide safety following the terrorism attacks in both Paris and San Bernardino, Ca. All nine stage that is main, featuring Donald Trump front and center, positioned for exposure to exhibit their defense expertise.
GOP debate in Las Vegas: Donald Trump was once again the kingpin at the season’s final Republican debate, held at fellow billionaire Sheldon Adelson’s Venetian casino. (Image: John Locher/AP)
Donald Trump reigned supreme once again, at stature-wise that is least, once the real estate mogul continues his dominating appeal in the polls. But itwas the senators from Florida and Texas who seemed the most confrontational during the three-hour spectacle, as Senators Marco Rubio and Ted Cruz repeatedly sparred over their Congressional documents.
While there clearly was no clear winner, host network CNN declared that Rubio and Cruz both fared well, as did Trump, New Jersey Governor Chris Christie, and former Florida Governor Jeb Bush, the latter two scoring a much-needed success.
The debate ended up being mainly balanced and fair, in accordance with the applicants.
The 2 notable exceptions were Trump attacking the moderators for routinely posing questions against him, and Salem Radio Network talk show host Hugh Hewitt winning the prize for many strange debate concern while asking former pediatric neurosurgeon Ben Carson if he would be confident with the ‘death of large number of innocent children’ in bombing ISIS.
Carson’s reaction was similarly strange, mentioning kiddies whose heads he had opened for brain surgery later being grateful he had done so. What?
Sheldon into the Wings
The conversation focused on maintaining America safe, which was noted while the true number 1 obligation associated with the president per repetitive declarations by the candidates. No gambling or fantasy that is daily talk was mentioned, even though the debate was taking place in vegas, the video gaming mecca associated with United States.
Several celebrities had been in attendance, including Mr. Las Vegas himself Wayne Newton, but the elephant not shown within the room was billionaire Las vegas, nevada Sands owner Sheldon Adelson.
Held within the swing state of Nevada at Adelson’s Venetian resort, political insiders believe Rubio could be the favored candidate in the eyes of the gambling tycoon. Adelson gave nearly $100 million in donations to super political action committees (PAC) through the 2012 presidential election, and he’s more than more likely to do equivalent in 2016.
Rumors have also been bandied this week that Adelson could be the buyer that is mysterious of City’s primary news source, the vegas Review-Journal. Many think the paper, bought for many millions significantly more than its stated value, could be one tool Adelson hopes to sway the important Nevada vote in his desired direction, although the customer remains shrouded in darkness.
Cruz vs. Rubio
Last night Rubio and Cruz both made their cases to persuade voters for their side as a legitimate option that is conservative the outspoken Trump. Adelson is a vital prize to a successful Republican campaign, assuming one isn’t worth $10 billion on a single’s own, as is the frontrunner the Donald.
Rubio, whom’s allegedly met with Adelson independently on several occasions, is reportedly the lead candidate to receive their financial backing. However, there are also reports that Adelson’s wife Miriam prefers Cruz, and it’s rumored to have led to an argument that is internal the couple.
Cruz talked at the Jewish that is republican Coalition Spring Leadership Meeting in April at the Venetian, with both Sheldon and Miriam in attendance.
Speculation has additionally surfaced that Adelson is not and only Trump being the Republican nominee to increase up against the most likely Democrat pick Hillary Clinton. Trump tweeted in October that Adelson preferred Rubio because ‘he can mold him into his perfect little puppet.’
That said, Trump and Adelson did fulfill before final night’s debate. ‘He’s been a buddy of mine for a long time,’ Trump told the Washington Post. ‘He called to see whether or otherwise not we’re able to fulfill, and we are going to satisfy.’
GVC Chief Kenny Alexander Denies Wrongdoing Over 37Entertainment Claims
GVC Holdings CEO Kenny Alexander denied claims from a Canadian advertising firm that his company had reneged for a deal. (Image: Tom Stockhill/ thesundaytimes.co.uk)
GVC Holding’s acquisition of bwin.party was unanimously authorized by shareholders today, also as GVC boss Kenny Alexander has been forced to reject claims that his company double-crossed a marketing that is canadian during its negotiations with bwin.
37Entertainment (37E) is believed to have filed an arbitration claim aided by the International Chamber of Commerce against GVC for misrepresentation of business through the reneging of services for a partnership deal.
37E’s claim states that GVC failed to deliver guaranteed services for the launch of two white-label online gambling sites, which were become operated jointly by the two companies.
The firm claims that GVC constantly delayed the signing of a contract in order to pursue its takeover of bwin.party, before pulling out from the deal completely despite 37E having already started operations.
Speaking to eGaming Review, Alexander called the claims ‘spurious’ and ‘without substance,’ adding that the company would ‘robustly defend’ itself.
GVC had previously stated that the claims were without merit, as ‘no formal agreement had been reached’ between the two organizations.
‘GVC is continuously checking out relationships that are new new geographies and not all opportunities reach maturity,’ said a GVC representative last August.
In GVC trumped 888 Holdings for the right to buy bwin.party september for $1.6 billion in cash and shares. The battle for bwin was an affair that is lengthy while the two online video gaming leaders attempted to outmuscle one another with bid and counterbid.
Bwin Shareholders Approve Deal
At one point, negotiations seemed to be determined in support of 888, but GVC’s decision to ditch its initial financial backer, Amaya Inc., and make an alternative solamente bid eventually convinced the bwin shareholders to come on board. Or 1 / 2 of them, at least.
The bwin board polled its shareholders and found that they were split 50/50 between the offers in the week leading up to the acceptance of the GVC offer. The board had been then in a position to persuade a group of majority shareholders to switch sides and opt for its preferred option, GVC.
On Tuesday, however, bwin announced that 99.99 percent of its shareholders voted and only the proposal. Bwin stated in a statement that the offer still remains susceptible to the satisfaction conditions put down in the scheme document, such as official sanctioning by the court.